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Matthew Palanek
  • Clayton, NC
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FHA Loan for duplex with both sides being rented

Matthew Palanek
  • Clayton, NC
Posted

I will be a first time home buyer, so will qualify for the FHA 3.5% mortgage. Ia m currently renting an apartment so I have a place to live. The property I want to buy is a duplex with both sides currently leased. I wouldn't want to make someone leave, nor would I be able to. So can I still qualify for that 3.5% and just move in when one of the leases is up? Thanks for the help

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